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    Property profile & analytics
    OFF-MARKET Estimated value $1,640,000
    Commercial real estate

    3775 Bay Rd, Saginaw, MI 48603-2433

    35,177 SF 2.91 ac lot Built 1965
    Individually Owned 10-yr Hold
    Property ID
    US43-1033054
    Property summary
    AI-generated overview

    This exceptional 35,177 square foot retail building, situated on nearly three acres in Saginaw, Michigan, presents a compelling investment opportunity. Previously occupied by a successful furniture retailer, the property boasts a spacious 25,521 square foot open floor plan showroom, ideal for a variety of retail uses. A substantial 9,656 square foot warehouse is also included, featuring a convenient four-stall, 6' x 22' exterior loading dock equipped with two 8' overhead doors. The property's ample 2.9-acre lot offers significant expansion potential, allowing for building additions or the construction of accessory structures. The expansive front parking lot accommodates 28 vehicles, including two designated handicap spaces, with additional gravel parking located at the rear. The asking price is $1,390,000, translating to $39.51 per square foot. This property's prime location on Bay Road, within Saginaw Township's thriving retail corridor, ensures high visibility and accessibility. The combination of showroom and warehouse space, along with the generous land area, makes this an attractive proposition for businesses seeking a versatile and strategically located commercial space. The property is zoned for retail use, but other uses may be possible. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1965
    Total area 35,177 SF
    Lot 2.91 ac (126,803 SF)
    Zoning code B-4
    APN 23-12-4-10-1007-000
    UPID US43-1033054
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.64M
    Blend (final) Blend
    $1.64M
    Owner & transaction history
    Denno Ents · 10 yrs held
    Denno Ents
    since 2015
    4 recorded transactions
    2018
    2017
    2015
    1969
    Zoning & alternative use
    B-4 · Saginaw, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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